Merchandise Trade Balance in Germany
The merchandise trade balance averaged EUR 204.9 billion in the decade to 2022. The 2022 reading was EUR 88.6 billion. For more trade information, visit our dedicated page.
Germany Trade Chart
Germany Trade Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Merchandise Trade Balance (EUR bn) | 224.0 | 180.4 | 175.9 | 88.6 | 218.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German trade projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for German trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German trade projections.
Want to get access to the full dataset of German trade forecasts? Send an email to info@focus-economics.com.
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